Freestanding Popeyes Restaurant Investment
For Sale
Contact for pricing
3350 South Cobb Drive, Smyrna, GA 30080
Freestanding Popeyes in Smyrna, GA with long-term NNN lease.
Property Size2,256 SF
Price / SF$1,072
Days on Market184
Property Features for 3350 South Cobb Drive
General Information
Standard status
Active
Size
2,256 SF
Class
B
Property subtype
Retail
Zoning
GC
Occupancy
100%
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$145,200
Building Details
Year Built
1989
Year Renovated
2015
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Skyline Seven Real Estate
(404) 812-8927
Listed By:
Elliott Kyle · License #GA 299687
Source:
Crexi
Added: Feb 5
Changed: Aug 7
Last Checked: Aug 6 at 9:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skyline Seven Real Estate
Investment Insights
Based on property information with market context.
This investment opportunity features a freestanding Popeyes restaurant located in Smyrna, Georgia, north of Atlanta, within the Cobb County submarket. The property is leased to GPS Hospitality Ventures, an experienced franchise operator with over 400 restaurants. The lease is a long-term absolute NNN lease, offering passive income without landlord responsibilities. The lease commenced in 2013 with an initial 20-year term and includes three five-year renewal options. Rental increases occur every five years, including during the option periods, providing built-in income growth over the life of the lease. The offering includes ownership of the real estate, allowing the investor to benefit from depreciation of the building. The property size is 2,256 square feet.
Key Highlights
- Long‑term absolute NNN lease provides passive income with no landlord responsibilities.
- Leased to GPS Hospitality Ventures, an experienced franchise operator with over 400 restaurants.
- Located in the highly desirable Cobb County submarket of metro Atlanta, north of Atlanta in Smyrna, Georgia.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
998
Businesses Nearby
316k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Groceries 25%
Shops & Services 21%
Apparel 5%
Kroger
Groceries
63,790 visits/mo
0.3 miles
Chick-fil-A
Dining
40,507 visits/mo
0.4 miles
McDonald's
Dining
33,277 visits/mo
0.3 miles
Kroger Fuel Center
Shops & Services
22,557 visits/mo
0.3 miles
Dunkin' Donuts
Dining
14,362 visits/mo
0.1 miles
Demographics for 30080, GA
52,125
Population
27,081
Households
1.9
Avg Household Size
35
Median Age
58%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
4,137
Density / Sq Mi
$87,949
Median Household Income
$59,267
Median Earnings
$1,660
Median Rent
$409,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding Popeyes in Smyrna, GA with long-term NNN lease.
Where is this drive through restaurant located?
The property is located at 3350 South Cobb Drive Smyrna, GA.
What is the asking price?
The asking price for this property is $2,420,000.
What are key features of this property?
This property features: Long‑term absolute NNN lease provides passive income with no landlord responsibilities.; Leased to GPS Hospitality Ventures, an experienced franchise operator with over 400 restaurants.; Located in the highly desirable Cobb County submarket of metro Atlanta, north of Atlanta in Smyrna, Georgia.
